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Tag Archives: Cheniere Energy

Cheniere Energy names Jack Fusco as CEO

Cheniere Energy, CEO, Jack Fusco

NEW YORK (AP) — Cheniere Energy has named Jack Fusco as CEO after the natural gas company’s previous CEO was forced out under pressure from activist investor Carl Icahn. Fusco was most recently executive chairman of Calpine Corp., which generates electricity from natural gas. He was CEO of the Houston company from 2008 to 2014. Cheniere’s CEO and co-founder Charif ...

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Cheniere Energy showcases first LNG export (VIDEO)

Cheniere showcases first LNG export (VIDEO)

Cheniere Energy released a video highlighting the first ever export of liquefied natural gas from the continental United States. Aerial shots show tugboats guiding the tanker to Cheniere’s Sabine Pass LNG Terminal and workers pumping LNG into vessel tanks. The cargo was loaded onto the tanker Asia Vision on Feb. 24. Brazil’s Petrobras purchased the 160,000 cubic meter shipment, which ...

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First LNG export to leave Sabine Pass

Cheniere Energy, Sabine Pass, LNG, exports, Brazil

American liquefied natural gas will soon hit the global market. The first cargo of LNG exported from the continental United States will leave Cheniere Energy’s Sabine Pass terminal Wednesday, according to a company executive. The tanker Asia Vision LNG will ship the fuel to Brazil, where it will be received by Petroleo Brasileiro SA, according to a Bloomberg report. While ...

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Tugboats at Sabine Pass ready for LNG exports

Four dedicated tugboats waited seven years to do their job. At Cheniere Energy’s $15 billion Sabine Pass LNG Terminal on the Texas-Louisiana border, the tugboats are stationed to ensure safe and timely escorts by crews trained to berth LNG vessels. But the shale revolution left the tugboats useless. Shale gas drillers started producing enough natural gas for the country, and ...

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Icahn takes 8.2-percent stake in Cheniere Energy

NEW YORK — Billionaire investor Carl Icahn is taking an 8.2-percent stake in liquid natural gas company Cheniere Energy Inc., sending its shares higher in aftermarket trading. Icahn disclosed ownership of 19.4 million shares of Cheniere, which owns a liquid natural gas terminal and pipeline in Louisiana. Icahn’s funds say they want to start talks with the company about its ...

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Cheniere LNG could dent Russian gas dominance in SE Europe-sources

BUDAPEST – Cheniere Energy Inc plans to deliver liquefied natural gas (LNG) to central and southeastern Europe within a few years, a move that with U.S. supplies would loosen Russia’s energy grip on the region, sources told Reuters. The Houston-based LNG specialist, which is gearing up to launch western European operations this year, is eyeing an eastern expansion, said six sources ...

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